Pump.fun's Bull Run Continues Amid Revenue Surge
Pump.fun's revenue surpassed $322 million in the first half of 2026, making it the second highest-generating crypto project behind Hyperliquid, according to CoinGecko. The majority of this revenue came from token creation and trading fees on its memecoin launchpad.
The PUMP token price has seen a bullish momentum since early July, with a recent pullback from $0.0054 to $0.0034 being met with a rebound. This trend is confirmed by the 20- and 50-day Moving Average, which highlights the altcoin's upward momentum.
However, despite the price gains, the Commitment of Money Flow (CMF) remains in negative territory, indicating high intraday volatility and inability to force steady gains. The trend on the daily timeframe, however, remains bullish, with PUMP crypto prices reaching highs not seen since October 2025.
On the 4-hour chart, a range formation is present inside an uptrend. Swing traders can look to take profits at the range highs and wait for a dip back into the golden pocket to buy PUMP, or alternatively, break past the range high.